oil export | Egypt Oil & Gas
Iraq Approves Preliminary Agreements to Study Strategic Oil Export Pipelines
Iraq’s Cabinet has approved the Basra Oil Company (BOC), Iraq’s largest state-owned oil producer, to sign a heads of agreement (HoA) and a non-disclosure agreement (NDA) with a consortium comprising US-bas...
Valero and Phillips 66 Secure First Venezuelan Crude Cargoes
US Gulf Coast refiners Valero Energy and Phillips 66 have purchased Venezuelan crude oil cargoes from independent trading houses, marking the first such transactions since Washington authorized the sale of up to 50 mi...
Kurdistan Oil Exports Resume as Gulf Keystone Loads First Cargo at Ceyhan
Oil producers in Iraq’s Kurdistan region have successfully loaded the first export cargo from Turkey’s Ceyhan terminal, marking a critical step in the resumption of regional crude exports. Gulf Keystone Petroleum anno... Iraq’s Oil Exports Amount to 89.9 mmbbl in May
Iraq’s total crude oil exports amounted to 89.9 million barrels (mmbbl) with revenues of $5.9 billion in May, according to Iraq’s Oil Ministry. Based on the State Organization for Marketing Oil (SOMO), the data indica...
Yemen’s Safer Oil Resumes Pumping Oil to Arabian Sea
Yemen’s Safer Oil company, owned by the internationally recognized government of Yemen, resumed pumping oil from its fields in Shabwa to a terminal on the Arabian Sea, an official told Reuters. The pumped oil through ...
Saudi Arabia to Reduce Oil Volumes to Asia in July
Saudi Arabia, the world’s top oil exporter, will limit volumes of crude oil to some Asian buyers in July and deepen cuts in allocations to the US, industry. Cuts in crude oil allocations to Asia in July would to...
Saudi Aramco Raises Crude Prices to Asia, USA and Northwest Europe
Saudi Arabia, the world’s largest oil exporter, raised pricing for July sales of all crude grades to Asia, the USA and Northwest Europe as it seeks to take advantage of increased demand after suppliers extended produc...
Iran Ready to Sign 100,000b/d Deal with Moscow
Iranian Minister of Petroleum, Bijan Zanganeh, said Tehran is set to sign a deal with Moscow within early March to sell 100,000b/d of oil to Russia, Press TV reported. According to Reuters, payment would be received h...
